BUZZ — NZ's Fletcher Building drops to 5 — month low after Morningstar flags weak housing market
(Updates) * Shares of construction materials firm Fletcher Building fall as much as 1.5% to NZ$3.3, their lowest level since July 8 * Analysts at Morningstar maintain their fair value estimate for Fletcher Building at NZ$3.20, expecting volume growth but a weak residential housing market * Research investment firm note